Zambia confirmed that it has received inquiries from the DRC to export one million metric tonnes of maize, but no MOU has been signed.
The programme will enable over 10,000 smallholder farmers from Nwoya District to supply 30,000 tonnes of maize annually
The planned exports to the DRC aim to respond to rising demand from its northern neighbour, which continues to grapple with maize supply
The partnership seeks to boost the adoption of warehouse receipt financing in a bid to boost farmers’ income.
Maize accounts for roughly 53% of Malawi’s Consumer Price Index (CPI), meaning that fluctuations in its supply significantly impact inflation and the broader economy.